Economic Diversification in Nigeria

The Politics of Building a Post-Oil Economy

Zainab Usman (Autor)

Buch | Softcover

312 Seiten

2023 | NIPPOD
Zed Books Ltd (Verlag)
978-1-78699-395-3 (ISBN)

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Nigeria has for long been regarded as the poster child for the ‘curse’ of oil wealth. Yet despite this, Nigeria achieved strong economic growth for over a decade in the 21st century, driven largely by policy reforms in non-oil sectors. This open access book argues that Nigeria’s major development challenge is not the ‘oil curse’, but rather one of achieving economic diversification beyond oil, subsistence agriculture, informal activities, and across its subnational entities. Through analysis drawing on economic data, policy documents, and interviews, Usman argues that Nigeria’s challenge of economic diversification is situated within the political setting of an unstable distribution of power among individual, group, and institutional actors.

Since the turn of the century, policymaking by successive Nigerian governments has, despite superficial partisan differences, been oriented towards short-term crisis management of macroeconomic stabilization, restoring growth and selective public sector reforms. To diversify Nigeria’s economy, this book argues that successive governments must reorient towards a consistent focus on pro-productivity and pro-poor policies, alongside comprehensive civil service and security sector overhaul. These policy priorities, Nigeria’s ruling elites are belatedly acknowledging, are crucial to achieving economic transformation; a policy shift that requires a confrontation with the roots of perpetual political crisis, and an attempt to stabilize the balance of power towards equity and inclusion.

The eBook editions of this book are available open access under a CC BY-NC-ND 4.0 licence on bloomsburycollections.com. Open access was funded by The Carnegie Endowment for International Peace.

Zainab Usman is the director of the Africa Program at the Carnegie Endowment for International Peace in Washington, D.C., USA. She is a political-economist working at the intersection of institutions, policy and politics in economic development, energy, natural resources and the future of work.

Description
Acronyms and Abbreviations
Glossary
Nigerian Leaders and Heads of State Since Independence
Nigerian States by Geo-Political Region
Acknowledgements
Chapter 1 – The Challenge of Economic Diversification
Chapter 2 – Economic Diversification: Concept, Application and State-Market Relations
Chapter 3 – Unpacking Politics: Power, Actors, and Institutions
Chapter 4 – The Economic and Political Transition to Becoming Africa’s Top Oil Producer
Chapter 5 – The Economic and Political Transition to becoming Africa’s Largest Economy
Chapter 6 – The Successful and Failed Policy Choices of Becoming Africa’s Largest Economy
Chapter 7 – Lagos: The Political Foundations of Economic Diversification in Nigeria’s Commercial Capital
Chapter 8 – Kano: The Political Foundations of Nigeria’s Failed Agro-Industrial Transition
Conclusion
References

Erscheinungsdatum	12.12.2023
Reihe/Serie	Politics and Development in Contemporary Africa
Sprache	englisch
Maße	156 x 234 mm
Themenwelt	Sozialwissenschaften ► Pädagogik ► Erwachsenenbildung
	Sozialwissenschaften ► Politik / Verwaltung ► Politische Theorie
	Sozialwissenschaften ► Soziologie ► Spezielle Soziologien
	Technik ► Elektrotechnik / Energietechnik
	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	1-78699-395-3 / 1786993953
ISBN-13	978-1-78699-395-3 / 9781786993953
Zustand	Neuware